why transections are made in money ? plz give vailed answer .
Answers
Answered by
2
Answer:
The transactions are made in money because a person holding money can easily exchange it for any commodity or service that he or she wants.
Explanation:
Hope it is helpful for you ♥
Answered by
1
Answer:
A person holding money can easily exchange it for any commodities or service that he or she might want. Thus, everyone prefer to receive payments in money and then exchange the money with any things that they want.
for example - if some need vegetables for cooking then they are going to vegetables shop to buy so that the shopkeeper give vegetable in the exchange of money.
Similar questions